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$MAR said it reaffirmed its commitment to acquire $HOT, confident that the previously announced amended merger agreement is the best course for both companies. On March 26, $HOT notified $MAR that it had received updated unsolicited proposal from consortium of potential investors, led by Anbang Insurance Group, which its Board is considering.
Visa ($V) set to release it earning after market close today. With new CEO resigning so close to the earnings, should we expect to see any surprises? Visa has been making strong moves with Visa Europe acquisition, partnership with PayPal and a 15% increase if quarterly dividends.
Kimberly Clark Corp ($KMB) has been in decline for most of the year, the stock has also not been getting any analyst love. Will today’s earnings break the trend? Revenue has been up and down in the last four quarters, let us see what this quarter brings.
$KMB down close to 4% after it misses on earnings and revenue. Forecasts are lower for the year.